118 Murray StreetHobart TAS 7000
Property Details for 118 Murray St, Hobart
Last Listing description (July 2017)
Central CBD Retail/Office Space
Located only half a block from the Hobart CBD main City retail block, this property consists of over 280 sqm of retail and office combination, over three levels.
The ground floor retail area has an area of approximately 50 sqm, with the two upper levels offering office or display area of approximately 115 sqm, per floor.
To the rear of the property is car parking, which could also be available for lease with the premises at a rate of $200 per space, per calendar month, plus GST.
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Property History for 118 Murray St, Hobart, TAS 7000
- 18 Apr 2024Sold for $960,000
- 24 Oct 2023Listed for Sale $150,000
- 24 May 2017Listed for Rent $37,500 / year
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0About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.
Hobart has 3,043 properties. Over the last 5 years, Houses in Hobart have seen a 27.03% increase in median value, while Units have seen a 25.06% increase. As at 31 August 2024:
- The median value for Houses in Hobart is $1,041,965 while the median value for Units is $747,354.
- Houses have a median rent of $558 while Units have a median rent of $550.
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